In a lackluster week of trading we saw the wool market struggle again with all sectors a little more selective and the Chinese overall more subdued. Even best style/length NM/CM & RWS came back to field a little this week with less competition, which raises the question about sustainability of price ? Shipping and containerization issues still hamper the flow of wool to China, Europe and the Asia Pacific regions with no end in sight.

AWEX Eastern Indicator compared with 05/11/2021

Eastern Indicator

Close: 1319

Change in % -1.60

If you want to learn more about AWEX indicators, visit the official website

Authentico Index Values

15 Micron

Close: 3650

Change in %:  -6.0

16 Micron

Close: 2975

Change in %: -1.50

17 Micron

Close: 2606

Change in %: -0.0

18 Micron

Close: 2205

Change in %: -1.50

19 Micron

Close: 1740

Change in %: -5.0

Authentico Indicator

Close: 2577

Change in %: -2.0


Trigger points to watch for this week are the EMI down 1319 and the USD price down to 972 which in recent months have been the trigger to an improved market the following weeks. This may be supported by heavy buying activity by Chinese traders/processors like Techwool and Tianyu who topped the buyers list this week ? Shipping schedules are filled with delays between now and Christmas which is making it difficult for exporters.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 19                    10373                 9115                 12.1%

South                     M 19                    20922                18065               13.7%

West                       F 19                     6335                   5088                19.7%

Auction offering – next week

Market          Sale          Sale days     Volume

North                      S 20                      T / W                    11448

South                      M 20                    T / W / T               25153

West                        F 20                      T / W                     8113

If you want to see the complete Wool Sales Roster click here.